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Observatory, Observatory, Johannesburg, Gauteng
R 3 850 000
Property Type: House with 2 Separate Flatlets. Erf Size: 2,271 m2 Discover an exceptional and versatile property in the sought-after, tranquil suburb of Observatory. This is not just a home; it's a multi-faceted investment and a lifestyle opportunity, perfectly positioned on an expansive 2,271m2 stand. Offering a spacious 4-bedroom main residence plus two entirely separate, self-contained units, this property is an income-generating powerhouse or the perfect solution for multi-generational living. Privacy and convenience are paramount, with two separate entrances servicing the main home and the cottages. The Main Residence: Step into a welcoming and spacious family home designed for comfort and entertainment. Living Areas: A lovely entrance hall leads to interconnected living and dining rooms, creating a perfect flow for family gatherings. An additional TV room offers a flexible space that could serve as a fifth bedroom, a children's playroom, or a home office. Kitchen: The large, well-appointed kitchen features classic cream cabinetry, ample counter space, and a breakfast nook that opens onto a bright patio—ideal for your morning coffee. Bedrooms & Bathrooms: The home boasts four generous bedrooms with ample built-in storage and large windows, alongside two full bathrooms. Unit 1: The "Penthouse" Duplex Cottage (High-Income Generator) A remarkable feature of this property, this stunning, modern duplex cottage is a complete, private residence with its own double garage. Open-Plan Living: Features a spacious, open-plan gourmet kitchen, lounge, and dining area. Luxury Bedroom Suite: The large bedroom is a true retreat, complemented by a full suite bathroom featuring a luxurious corner spa bath and a separate glass shower. Income Potential: This unit is perfect for a high-end rental, an exclusive Airbnb, or as a deluxe residence for family members. Unit 2: Domestic Quarters / Second Flatlet (Versatile Income Generator) The property also includes substantial domestic quarters, complete with their own bathroom. This versatile space can easily be used as a second flatlet, a teen pad, or a comfortable home office, providing another valuable income stream. The Grounds & Lifestyle: Set on an incredible, park-like stand, the outdoor space is a private paradise. Massive Garden: The expansive, terraced garden is a dream for families, offering endless space for children and pets to run free. Entertainment: Entertain year-round with a sparkling swimming pool, a built-in braai, and a covered patio overlooking the lush, scenic views of the area. Summary of Features: Price: R3,850,000 Main House: 4 Bedrooms, 2 Bathrooms, Lounge, Dining Room, TV Room/Study. Unit 1 (Penthouse): 1 Bedroom, 1 Full Bathroom (Spa Bath & Shower), Open-Plan Kitchen/Lounge, Private Double Garage. Unit 2 (Domestic): 2 Room, 1 Bathroom (Ideal Flatlet). Key Features: Two Separate Entrances Massive 2,271m2 Garden (Pet-friendly) Sparkling Swimming Pool Excellent Rental Income Potential This is a rare opportunity to own a home that truly does it all. Whether you're an investor seeking significant rental returns or a family needing space to grow, this property is a must-see. Contact us today to book your exclusive viewing!
Estimated monthly repayment
R 36 357
on a R 3 465 000 bond over 20 years at 11.25%
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Observatory, Observatory, Johannesburg, Gauteng
Fair-value check
Priced highPriced 71% above comparable 4-bed houses for sale in Observatory
Based on 20 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thulani Swanepoel
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